9 months ago
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The investment company is also outsourcing work, selling offices and renegotiating contracts while recognising ‘performing colleagues’
Fund manager abrdn has said it plans to keep paying bonuses despite slashing 500 jobs and outsourcing more work as part of a £150m cost-cutting drive designed to boost profits.
The investment company is cutting jobs at head office and in its back office support teams but said that frontline staff who deal with clients would not be at risk.
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